Paul Krugman on why the yields on Italian sovereign debt are falling despite the political chaos and the grim economical outlook.
Category Archives: English
Rafael Sabatini: He was born with a gift of laughter..
“He was born with a gift of laughter and a sense that the world was mad.”
April 29, 1875: Italian writer Rafael Sabatini’s swashbuckling tales made him a best-seller. He was born in Iesi, Italy, 138 years ago today. This quote, the first line of his novel Scaramouche, is also carved on his tombstone.
Edward Gibbon: The winds and waves are always..
“The winds and waves are always on the side of the ablest navigators.”
April 27, 1737: British historian and politician Edward Gibbon was born in Putney, England, 276 years ago today. He is best known as the author of The History of the Decline and Fall of the Roman Empire, inspired by a visit to Rome during his grand tour.
Czerulf: Italy – Let’s face reality!
English: Enrico Letta at the Trento 2009 Economics Festival. Italiano: Enrico Letta a Trento per il Festival dell’Economia 2009. (Photo credit: Wikipedia)
The new government to be led by Enrico Letta is not in place yet. It hasn’t had the chance to do anything wrong, but criticism and more often polemics are all over the place. Most comments concentrate on the past rather than the present situation. And that’s the whole problem. There is no point in repeating over and over again that party A, B, C etc. promised one thing before the elections and now does the complete opposite. Why? Because the general elections of 24./25.02.2013 produced a result that is dramatically different from what had been envisaged at the time. Continue reading
Daniel Defoe: It is never too late..
It is never too late to be wise.
April 25, 1719: British writer Daniel Defoe published his first novel, the enduring Robinson Crusoe, 294 years ago today.
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